AQUA TRACTION MARINE LLC (MN) - 2020 PPP Loan Borrower Profile (# 8809887001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AQUA TRACTION MARINE LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Minnesota.

Loan Detail

Loan Number

8809887001

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$72,000

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$72,522.74

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,860

Payroll Proced

59,140

Rent Proceed

10,000

Lender

Magnifi Financial CU

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

339920

Borrower Location

CLEARWATER, MN

Project Location

CLEARWATER, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.